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November 23, 2008updated 06 Sep 2016 2:35pm

Advent releases new portfolio accounting management and reporting system

Advent Software, a provider of software and services for the investment management industry, has released version 3.7 of Axys, an update to Advent's portfolio accounting management and reporting system.

By CBR Staff Writer

Advent Software has said that the new release of Axys is an attempt to keep the platform current as technology and regulatory changes impact its client base.

Axys 3.7 features include: compatibility with new platforms including Microsoft Vista, Microsoft Office 2007 and Adobe Acrobat 8; new and updated reports including SEC-ready reports which is expecte to help firms respond to regulatory changes and compliance inquiries; and improved navigation and advanced search within the functionality.

Pete Hess, executive vice president and general manager of Advent’s investment management group, said: We are very excited about the release of Axys 3.7, this update enhances our report library and allows our clients to leverage additional operating platforms. The stability and reliability of Axys have made it the de-facto standard for firms with straightforward business needs, and we will continue to support and update the platform for the over 3,500 clients who rely on Axys to run their investment management business.

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